write off for depreciation
1Write-off — The term write off (or write down) describes a reduction in recognized value. In accounting terminology, it refers to recognition of the reduced or zero value of an asset. In income tax statements, it refers to a reduction of taxable income as… …
2write-off — Charging an asset amount to expense or loss, such as through the use of depreciation and amortization of assets. Bloomberg Financial Dictionary * * * write off ˈwrite off also writeoff noun 1. [co …
3write-off — noun 1. (accounting) reduction in the book value of an asset • Syn: ↑write down • Derivationally related forms: ↑write down (for: ↑write down), ↑write off …
4write-down — noun (accounting) reduction in the book value of an asset • Syn: ↑write off • Derivationally related forms: ↑write down, ↑write off (for: ↑write off) • …
5Depreciation — Not to be confused with Deprecation. Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used… …
6for — 1 strong,; strong /fO:r/ preposition 1 intended to be given to or belong to a particular person: I ve got a present for you. | Save some for Arthur. 2 intended to be used in a particular situation: We ve bought some new chairs for the office. | a …
7depreciation allowance — /dəpriʃiˈeɪʃən əlaʊəns/ (say duhpreeshee ayshuhn uhlowuhns) noun the maximum annual amount allowed by taxation authorities for the owner of capital equipment to write off equipment as an acceptable deduction against income …
8depreciation — /dapriyshiyeyshsn/ In accounting, spreading out the cost of a capital asset over its estimated useful life. Depreciation expense reduces the taxable income of an entity but does not reduce the cash. A decline in value of property caused by wear… …
9depreciation — /dapriyshiyeyshsn/ In accounting, spreading out the cost of a capital asset over its estimated useful life. Depreciation expense reduces the taxable income of an entity but does not reduce the cash. A decline in value of property caused by wear… …
10charge-off — ˈ ̷ ̷ˌ ̷ ̷ noun ( s) Etymology: charge off 1. : the reduction of the value at which an asset has been carried on the books bad debt charge offs 2. : the amount by which an account is reduced by cha …
